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Innovation diffusion

Some new technological substitution models

Bibliographic Data

ID10142388
AuthorsVinod Kumar (0000-0003-4014-2305, Carleton University, corresponding author), Uma Kumar (0000-0003-4255-1065, Carleton University)
Year1992
Volume17
Issue2-3
Pages175-194
Publication date1992-08-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Mathematical Sociology (JOURNAL)
Journal identifiersISSN: 0022-250X • E-ISSN: 1545-5874
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/0022250x.1992.9990105
OpenAlexW1968270005
LanguageEN
Citations received4
References cited35

Three innovation diffusion models of technology (KKKI‐KKKIII) are proposed. The first two of these models are motivated by Smith's model and von Bertalanffy's model already in use in population dynamics. The first model also takes into account the internal and external influences of imitators and innovators. The third model is an improvement over models by Floyd and Fisher‐Pry. It can also be looked upon as a model which takes into account the effect of promotional subsidies on the innovation diffusion. Empirical analyses using the data of three technological innovations show that the proposed models give comparable or better results

Diffusion · Econometrics · Economics · Innovation diffusion · Knowledge management · Macroeconomics · Mathematical economics · Physics · Population · Sociology · Subsidy · Substitution (logic · Technological change · Thermodynamics · Computer Science · Economic Growth and Productivity · Firm Innovation and Growth · Innovation Diffusion and Forecasting

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Unique citing works4
Citations per year0,14
Citation span1998 - 2005 (8)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 3

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